Blurbs

Barrington Maintains Their Hold Rating on Methode Electronics (MEI)

In a report issued on May 26, Christopher Howe from Barrington maintained a Hold rating on Methode Electronics (MEIResearch Report). The company’s shares closed last Friday at $45.34.

According to TipRanks.com, Howe is a 4-star analyst with an average return of 11.3% and a 43.6% success rate. Howe covers the Industrial Goods sector, focusing on stocks such as Commercial Vehicle Group, Standex International, and Helios Technologies.

The word on The Street in general, suggests a Hold analyst consensus rating for Methode Electronics with a $46.00 average price target.

See today’s best-performing stocks on TipRanks >>

The company has a one-year high of $50.20 and a one-year low of $40.83. Currently, Methode Electronics has an average volume of 205K.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Methode Electronics, Inc. engages in the manufacture of component and subsystem devices. It operates through the following segments: Automotive, Interface, Industrial, and Medical. The Automotive segment supplies electronic and electromechanical devices, and related products to automobile original equipment manufacturers. The Interface segment provides a variety of copper and fiber-optic interface and interface solutions for the aerospace, appliance, commercial food service, construction, consumer, material handling, medical, military, mining, point-of-sale, and telecommunications markets. The Industrial segment manufactures external lighting solutions, industrial safety radio remote controls, braided flexible cables, current-carrying laminated busbars, and devices. The Medical segment refers to the medical device business. The company was founded by William Joseph McGinley in 1946 and is headquartered in Chicago, IL.

Read More on MEI:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More
Videos